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Diversification still matters!

Over the coming weeks there will continue to be a stream of information coming out regarding the collapse of several banks in the US and in Europe. We will undoubtedly learn more about the failures that led to the banks collapsing, the cost of the collapse, and what changes need to be implemented to attempt to stop these sorts of things from occurring in the future. One thing we already know that this situation reminded us of is that diversification still matters in your financial life.